Collections & Recoveries Intern

Nairobi, Nairobi
Posted 2 days ago
Logo Sterling Credit Limited Kenya
Company:
Sterling Credit Limited Kenya
Company Description:
Sterling Credit is a leading non-deposit-taking microfinance institution dedicated to bridging financial gaps by providing tailored and accessible financial solutions for individuals and businesses.
Contract Type:
Internship
Experience Required:
No Experience
Education Level:
Secondary School
Number of vacancies:
10

Job Description

Job Summary
We are seeking a motivated and resourceful Collections & Recoveries Intern (s) to support our collections team in recovering overdue payments and managing non-performing loans. The successful candidate will receive a basic retainer salary and gain hands-on experience in collections processes, customer engagement, and credit risk mitigation.

Key Responsibilities
Engage Clients: Contact delinquent clients to negotiate and arrange repayment plans.

Monitor & Report: Maintain accurate records and provide regular reports on collection activities.

Enforce Recoveries: Recommend and coordinate appropriate recovery actions, including with external agencies.

Compliance & Communication: Ensure adherence to collection policies and communicate payment reminders effectively.
Salary:
Ksh 6,000.00 Monthly